Located in the sought-after industrial precinct of McDougalls Hill, 29 Magpie Street presents a quality, well-rounded commercial/industrial opportunity combining functionality, accessibility, and future potential.
Set on a level and easily accessible site, the property features a modern, freestanding industrial building with generous hardstand and excellent vehicle access-ideal for a range of light industrial, trade, or logistics-based operations. The wide driveway and open yard area allow for convenient truck movement, loading, and on-site parking.
Internally, the property is complemented by a well-presented, air-conditioned office space, offering a professional and comfortable environment for administrative and client-facing activities. With ample natural light and a practical layout, the office integrates seamlessly with the operational aspects of the site.
Positioned within a thriving industrial hub and surrounded by established businesses, the property benefits from strong connectivity to major transport routes and ongoing growth in the area.
Key features:
• Modern freestanding industrial building
• Fully fenced site
• Level site with excellent access and generous hardstand
• Functional layout suitable for a range of uses (STCA)
• Air-conditioned, light-filled office space
• Approx Floor Area 100m2.
• Ample on-site parking and truck accessibility
• Located in a well-established and expanding industrial precinct
• Current lease expires August 2027 + option.
This is an outstanding opportunity for an investor to secure a versatile industrial asset in a high-demand location.
The size of Mcdougalls Hill is approximately 3.2 square kilometres. There are 2 parks within the area. The population of Mcdougalls Hill in 2016 was 144 people. By 2021 the population was 131 showing a population decline of 9.0% in the area during that time. The predominant age group in Mcdougalls Hill is 40-49 years. Households in Mcdougalls Hill are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mcdougalls Hill work in a machinery operators and drivers occupation.In 2021, 63.20% of the homes in Mcdougalls Hill were owner-occupied compared with 84.80% in 2016.
Mcdougalls Hill has 311 properties. Over the last 5 years, Houses in Mcdougalls Hill have seen a 30.59% increase in median value. As at 30 June 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.